Securitize, a blockchain firm specializing in the tokenization of real-world assets, has started issuing tokenized securities in Europe that represent equity in the Spanish real estate investment trust Mancipi Partners.
The shares will be tokenized on the Avalanche blockchain, and secondary trading is set to begin in September.
“Securitize is now the first firm to be able to issue and trade tokenized securities in both the U.S. and Europe, and is the first firm to do so under the EU’s new pilot regime for digital assets,” Securitize co-founder Carlos Domingo said in a statement.